DB:X9CP

Stock Analysis Report

Metalla Royalty & Streaming

Executive Summary

Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of precious metal royalties, streams, and related production-based interests in Canada and Australia.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • Metalla Royalty & Streaming is covered by less than 3 analysts.

Share Price & News

How has Metalla Royalty & Streaming's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-12.1%

DB:X9CP

-2.7%

DE Metals and Mining

-0.7%

DE Market


1 Year Return

71.0%

DB:X9CP

-48.8%

DE Metals and Mining

-10.8%

DE Market

X9CP outperformed the Metals and Mining industry which returned -48.2% over the past year.

X9CP outperformed the Market in Germany which returned -10% over the past year.


Share holder returns

X9CPIndustryMarket
7 Day-12.1%-2.7%-0.7%
30 Day3.1%-12.5%-3.9%
90 Day11.0%-22.3%-4.3%
1 Year73.3%71.0%-48.0%-48.8%-8.0%-10.8%
3 Year436.2%422.6%-45.4%-47.2%9.8%0.3%
5 Year757.9%736.1%-43.0%-46.0%24.0%6.8%

Price Volatility Vs. Market

How volatile is Metalla Royalty & Streaming's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Metalla Royalty & Streaming undervalued based on future cash flows and its price relative to the stock market?

2.92x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Metalla Royalty & Streaming's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Metalla Royalty & Streaming's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Metalla Royalty & Streaming is loss making, we can't compare its value to the Europe Metals and Mining industry average.

Metalla Royalty & Streaming is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Metalla Royalty & Streaming, we can't assess if its growth is good value.


Price Based on Value of Assets

Metalla Royalty & Streaming is good value based on assets compared to the DE Metals and Mining industry average.


Next Steps

Future Growth

How is Metalla Royalty & Streaming expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

-28.1%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Metalla Royalty & Streaming's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to determine if Metalla Royalty & Streaming is high growth as no earnings estimate data is available.

Metalla Royalty & Streaming's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.

Unable to compare Metalla Royalty & Streaming's earnings growth to the Germany market average as no estimate data is available.

Unable to compare Metalla Royalty & Streaming's earnings growth to the low risk savings rate as no estimate data is available.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Metalla Royalty & Streaming will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Metalla Royalty & Streaming performed over the past 5 years?

-12.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Metalla Royalty & Streaming does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Metalla Royalty & Streaming's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Metalla Royalty & Streaming's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Metalla Royalty & Streaming has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Metalla Royalty & Streaming has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Metalla Royalty & Streaming improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Metalla Royalty & Streaming's financial position?


Financial Position Analysis

Metalla Royalty & Streaming is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Metalla Royalty & Streaming's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Metalla Royalty & Streaming's level of debt (6.5%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Metalla Royalty & Streaming's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.3x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Metalla Royalty & Streaming has less than a year of cash runway based on current free cash flow.

Metalla Royalty & Streaming has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.7% each year.


Next Steps

Dividend

What is Metalla Royalty & Streaming's current dividend yield, its reliability and sustainability?

1.40%

Current Dividend Yield


Dividend Yield and Payments Analysis

Metalla Royalty & Streaming's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.52%).

Metalla Royalty & Streaming's dividend is below the markets top 25% of dividend payers in Germany (4.2%).

Metalla Royalty & Streaming has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Metalla Royalty & Streaming only paid a dividend in the past 2 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Metalla Royalty & Streaming's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Brett Heath 0

2.2yrs

Tenure

CA$736,563

Compensation

Mr. Brett Heath has been the Chief Executive Officer of Metalla Royalty & Streaming Ltd. (Excalibur Resources Ltd) since June 16, 2017 and its President since September 1, 2016. Mr. Heath served as Preside ...


CEO Compensation Analysis

Brett's remuneration is higher than average for companies of similar size in Germany.

Brett's compensation has increased whilst company is loss making.


Management Age and Tenure

1.8yrs

Average Tenure

61yo

Average Age

The average tenure for the Metalla Royalty & Streaming management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.4yrs

Average Tenure

The average tenure for the Metalla Royalty & Streaming board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Metalla Royalty & Streaming individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$7,33709 Aug 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares9,000
Max PriceCA$0.82
BuyCA$80308 Aug 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,000
Max PriceCA$0.80
BuyCA$6,29125 Jul 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares8,000
Max PriceCA$0.79
BuyCA$5,06918 Jul 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares7,000
Max PriceCA$0.73
BuyCA$8,43416 Jul 19
Brett Heath
EntityIndividual
Role
Chief Executive Officer
President
Shares12,000
Max PriceCA$0.71
BuyCA$3,67621 Jun 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares5,000
Max PriceCA$0.74
SellCA$391,11112 Jun 19
Coeur Mining, Inc.
EntityCompany
Shares600,000
Max PriceCA$0.65
SellCA$152,70012 Jun 19
Coeur Mining, Inc.
EntityCompany
Shares230,000
Max PriceCA$0.66
SellCA$11,03506 Jun 19
Kim Casswell
EntityIndividual
Role
Secretary
Corporate Secretary
Shares15,000
Max PriceCA$0.74
BuyCA$74303 Jun 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,000
Max PriceCA$0.74
BuyCA$9,84830 May 19
James Beeby
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares15,000
Max PriceCA$0.66
BuyCA$63729 May 19
Brett Heath
EntityIndividual
Role
Chief Executive Officer
President
Shares1,000
Max PriceCA$0.64
BuyCA$4,73421 May 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares7,000
Max PriceCA$0.68
BuyCA$15,99510 May 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares23,000
Max PriceCA$0.70
BuyCA$3,81310 May 19
Brett Heath
EntityIndividual
Role
Chief Executive Officer
President
Shares5,400
Max PriceCA$0.72
BuyCA$1,54206 May 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,000
Max PriceCA$0.77
BuyCA$1,51303 May 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,000
Max PriceCA$0.76
SellCA$594,79525 Apr 19
Coeur Mining, Inc.
EntityCompany
Shares894,000
Max PriceCA$0.67
BuyCA$1,38124 Apr 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,000
Max PriceCA$0.69
BuyCA$2,04624 Apr 19
Brett Heath
EntityIndividual
Role
Chief Executive Officer
President
Shares3,000
Max PriceCA$0.68
BuyCA$2,76623 Apr 19
Brett Heath
EntityIndividual
Role
Chief Executive Officer
President
Shares4,100
Max PriceCA$0.68
BuyCA$3,48722 Apr 19
Brett Heath
EntityIndividual
Role
Chief Executive Officer
President
Shares4,900
Max PriceCA$0.71
BuyCA$2,53403 Apr 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares3,000
Max PriceCA$0.84
BuyCA$15,05501 Apr 19
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares18,000
Max PriceCA$0.84
BuyCA$20,16721 Dec 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares40,000
Max PriceCA$0.50
BuyCA$1,49601 Nov 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares3,000
Max PriceCA$0.50
BuyCA$1,04829 Oct 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,000
Max PriceCA$0.52
BuyCA$2,48126 Oct 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares5,000
Max PriceCA$0.50
BuyCA$1,81211 Oct 18
Lawrence Roulston
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,500
Max PriceCA$0.52
BuyCA$3,93911 Oct 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares8,000
Max PriceCA$0.49
BuyCA$1,32224 Aug 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares4,000
Max PriceCA$0.33
BuyCA$41823 Aug 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,000
Max PriceCA$0.42
BuyCA$89222 Aug 18
E. Tucker
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,000
Max PriceCA$0.45

Ownership Breakdown


Management Team

  • Kim Casswell (63yo)

    Corporate Secretary

    • Tenure: 2.3yrs
  • Charles Beaudry

    Technical Advisor

    • Tenure: 1.4yrs
    • Compensation: CA$31.85k
  • Frank Hanagarne (61yo)

    Technical Advisor

    • Tenure: 0.3yrs
    • Compensation: CA$66.88k
  • Brett Heath

    President

    • Tenure: 2.2yrs
    • Compensation: CA$736.56k
  • Bill Tsang (35yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
    • Compensation: CA$107.06k
  • Drew Clark

    Vice President of Corporate Development

    • Tenure: 1.4yrs

Board Members

  • Alex Molyneux (44yo)

    Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: CA$67.50k
  • Lawrence Roulston (67yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: CA$213.30k
  • Brett Heath

    President

    • Tenure: 2.2yrs
    • Compensation: CA$736.56k
  • E. Tucker

    Non-Executive Director

    • Tenure: 2.4yrs
    • Compensation: CA$280.95k
  • James Beeby

    Non-Executive Director

    • Tenure: 0.3yrs

Company Information

Metalla Royalty & Streaming Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Metalla Royalty & Streaming Ltd.
  • Ticker: X9CP
  • Exchange: DB
  • Founded: 1983
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$152.672m
  • Listing Market Cap: CA$103.316m
  • Shares outstanding: 133.92m
  • Website: https://www.metallaroyalty.com

Location

  • Metalla Royalty & Streaming Ltd.
  • 543 Granville Street
  • Suite 501
  • Vancouver
  • British Columbia
  • V6C 1X8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTATSXV (TSX Venture Exchange)YesCommon SharesCACADMay 1992
MTAF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 1992
X9CPDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 1992

Biography

Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of precious metal royalties, streams, and related production-based interests in  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 21:26
End of Day Share Price2019/08/20 00:00
Earnings2019/02/28
Annual Earnings2018/05/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.